Gross Equity Value definition

Gross Equity Value means the gross equity value of USI and the Operating Partnership, without duplication, upon the consummation of the IPO Transactions, as determined by USI as of the Closing Date in consultation with its underwriters.
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Gross Equity Value means the estimated gross equity value of New REIT (net of indebtedness expected to be outstanding on the consummation of the Consolidation Transactions and the IPO after application of the net proceeds of the IPO, and excluding any shares issued under New REIT’s proposed equity incentive plan to members of New REIT’s senior management and other eligible individuals concurrently with the closing of the IPO), as estimated by New REIT in consultation with the investment banking firms managing the IPO shortly prior to commencing marketing activities relating to the IPO.
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Gross Equity Value means the gross equity value of the Company upon the closing of the Formation Transactions and the Public Offering (excluding any shares issued by the Company at the time of the Public Offering pursuant to the Company’s equity incentive plan), as determined by the Company in consultation with the underwriters in the Public Offering.
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Examples of Gross Equity Value in a sentence

  • TRANSACTION PRICING SUMMARY ($ in 000s except price per share data) -------------------------------------------------------------------------------- MERGER PRICE PER SHARE: $ 7.57 UFX Shares Outstanding 4,300 UFX Options Outstanding 129 -------- Fully-Diluted UFX Shares 4,429 Gross Equity Value $ 33,528 Less: Option Exercise Amount @ Ave.

  • Buyer shall not permit the Payment Fund to be used for any purpose except for the payment of (A) the Share Consideration, Warrant Consideration and Option Consideration as contemplated herein or (B) any amounts deducted from Enterprise Value to determine Gross Equity Value pursuant to Section 2.04(i), other than Accrued Severance, Accrued Contingent Purchase Price, Long-Term Escheatment Liability and Long-Term Office Closing Accrual.

  • VALUATION (in millions, except per share data) Offer Price per Share $ 19.25 Gross Equity Value $890.1 Less Option Proceeds 37.0 ------ Common Shares Outstanding 42.6 Total Options 3.6 Equity Value $853.0 ------ Plus: Debt $ 0.5 Total Shares & Options Outstanding 46.2 Less: Cash $ 38.4 ====== ------ Enterprise Value $815.2 KING as of Transaction Selected Public Selected Recent Financial II.

  • Notwithstanding the foregoing, the Company and, after the Effective Time, Buyer or the Surviving Corporation, shall be responsible for and shall pay any Company Transaction Expenses included in the calculation of the Gross Equity Value that are not paid prior to the Effective Time.

  • If the Estimated Working Capital is less than $5,000,000, the Gross Equity Value shall be adjusted downward by the amount by which Estimated Working Capital is less than $5,000,000.

  • On 14 December 2023 (after trading hours), the Buyers, the Company (as the buyer guarantor), the Sellers and the Seller Guarantor entered into the SPA, pursuant to which the Sellers have conditionally agreed to sell, and the Buyers have conditionally agreed to purchase, the Sale Shares for a total consideration of no more than the Gross Equity Value.


More Definitions of Gross Equity Value

Gross Equity Value means £484,800,000 (four hundred and eighty four million and eight hundred thousand pounds) as set out in the Project Nola — Enterprise Value to Equity Value Bridge in the agreed form as adjusted as specified in the Completion Statement plus an amount calculated as follows: £484,800,000 (four hundred and eighty four million and eight hundred thousand pounds) multiplied by 5.9617 per cent. multiplied by the number of days from (and excluding) the Locked-Box Date up to (and including) the Completion Date divided by 366;
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Gross Equity Value means, at the time of acceptance of the terms of a Partial Sale, the amount which would have been attributable to the sale of 100% of the Units or assets of the Company, which shall be computed by dividing (i) the price offered for a particular fraction of 100% of the Units or assets, by (ii) such fraction. For example, if $10,000,000 is offered for ½ the Units, the Gross Equity Value is $10,000,000 / (1/2), or $20,000,000.
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Gross Equity Value or "GEV" means DEM 427,100,000 less the Net Asset Adjustment Amount plus any additional amount determined in accordance with clause 8(3);
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Related to Gross Equity Value

  • Total Equity Value means, as of any date of determination, the aggregate proceeds which would be received by the Unitholders if: (i) the assets of the Company were sold at their fair market value to an independent third-party on arm’s-length terms, with neither the seller nor the buyer being under compulsion to buy or sell such assets; (ii) the Company satisfied and paid in full all of its obligations and liabilities (including all Taxes, costs and expenses incurred in connection with such transaction and any amounts reserved by the Manager with respect to any contingent or other liabilities); and (iii) such net sale proceeds were then distributed in accordance with Section 4.1, all as determined by the Manager in good faith based upon the Class A Common Stock Value as of such date.

  • Equity Value means the price an item can be reasonably expected to sell for on the local open market minus any encumbrances.

  • Net Equity Value means, at any time, the total assets of the applicable business less the total liabilities of such business less the amounts attributable to the minority interest in such business, in each case as determined on a consolidated basis, in accordance with GAAP, subject to the last sentence of the definition of Capitalization Value.

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Company Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • Gross Calorific Value of “GCV” shall mean that quantity of heat expressed in Kilowatt- hour produced by the complete combustion of one (1) normal cubic metre of Natural Gas at twenty-five (25) degrees Celsius and an absolute pressure of one decimal zero one three two five (1.01325) bar with excess air at the same temperature and pressure as the Natural Gas when the products of combustion are cooled to twenty-five (25) degrees Celsius and when the water formed by combustion is condensed to the liquid state and the products of combustion contain the same total mass of water vapor as the Natural Gas and air before combustion.

  • Gross Liability Value means, with respect to any Liability of the Partnership described in Treasury Regulation Section 1.752-7(b)(3)(i), the amount of cash that a willing assignor would pay to a willing assignee to assume such Liability in an arm’s-length transaction.

  • Economic Value – means the value of the Company and of its shares, to be determined by a specialized company by using a recognized methodology or based on another criterion to be defined by the CVM.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Total Asset Value means, without duplication, the sum of (a) the following amounts with respect to the following assets owned by the Company and its Subsidiaries: (i) the Operating Property Value of the Hotel Properties; (ii) the amount of all Unrestricted Cash and Cash Equivalents; (iii) the book value of all Development/Redevelopment Properties, Mortgage Receivables, Laundry Service Properties and Unimproved Land; and (iv) the contract purchase price for all assets under contract for purchase (to the extent included in Indebtedness); plus (b) the applicable Ownership Share of any Unconsolidated Affiliate of the Parent of any asset described in clause (a) above. For purposes of determining Total Asset Value, (u) to the extent the amount of Total Asset Value attributable to Unconsolidated Affiliates would exceed 15% of Total Asset Value, such excess shall be excluded, (v) to the extent the amount of Total Asset Value attributable to Mortgage Receivables would exceed 10% of Total Asset Value, such excess shall be excluded, (w) to the extent the amount of Total Asset Value attributable to Development/Redevelopment Properties would exceed 15% of Total Asset Value, such excess shall be excluded, (x) to the extent the amount of Total Asset Value attributable to Major Renovation Properties (elected to be valued pursuant to clause (c) of the definition of Operating Property Value) would exceed 15% of Total Asset Value, such excess shall be excluded, (y) to the extent the amount of Total Asset Value attributable to Unimproved Land would exceed 2.5% of Total Asset Value, such excess shall be excluded, and (z) to the extent the amount of Total Asset Value attributable to Properties subject to limitation under the foregoing clauses (u) through (y) would exceed 35% of Total Asset Value, such excess shall be excluded.

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • Gross-Up Amount has the meaning set forth in definition of “Make Whole Amount.”

  • 704(c) Value of any Contributed Property means the fair market value of such property or other consideration at the time of contribution, as determined by the General Partner using such reasonable method of valuation as it may adopt. Subject to Exhibit B hereof, the General Partner shall, in its sole and absolute discretion, use such method as it deems reasonable and appropriate to allocate the aggregate of the 704(c) Values of Contributed Properties in a single or integrated transaction among the separate properties on a basis proportional to their respective fair market values.

  • Total adjusted capital means the sum of:

  • Net Consideration Per Share means the amount equal to the total amount of consideration, if any, received by the Company for the issuance of such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities, plus the minimum amount of consideration, if any, payable to the Company upon exercise or conversion thereof, divided by the aggregate number of shares of Common Stock that would be issued if all such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities were exercised, exchanged or converted.

  • Aggregate Value means, with respect to any block of Equity Stock, the sum of the products of (i) the number of shares of each class of Equity Stock within such block multiplied by (ii) the corresponding Market Price of one share of Equity Stock of such class.

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • Average Par Amount is calculated by summing the Issuer Par Amounts for all issuers, and dividing by the number of issuers.

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.

  • Exchange Value is the adjusted appraised value of the Property which takes into consideration various factors to balance the business value of the Property within its present ownership structure.

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the

  • Adjusted gross income means that term as defined in section 62 of the internal revenue code of 1986.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Adjusted Asset Value means, as of a given date, the sum of EBITDA attributable to malls, power centers and all other assets for the trailing four (4) quarters most recently ended, divided by (iii) 7.75%. In determining Adjusted Asset Value:

  • Per Share Value means the average value of the consideration to be received in respect of each outstanding Common Share pursuant to the Qualifying Transaction as determined by mutual agreement of the Independent Directors (as defined in Section 2(b)(ii) below) and the holders of not less than 50% in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.